In the video above, residents in several New Orleans neighborhood residents talked to reporter Prescotte Stokes about why they live where they live.

We posed this question to folks in anticipation of a story that came out Sunday afternoon from business and real estate reporter Katherine Sayre. Katherine examined the housing market in Uptown and the Garden District, where an increasing scarcity of homes is causing a mad rush for properties. Katherine will also try to find out why folks are willing to join the frantic search for houses and pay enormous prices to live in particular neighborhoods.

The most frequent reasons for neighborhood choice among those in the video seem to be safety, nearby schools and hospitals, and walkable amenities like coffee shops and retail stores. Some folks grew up in their current neighborhood; others enjoy the unique vibe of their area.

For others, location may have more to do with a lack of choices caused by lower income and fewer resources.

What about you? Which neighborhood do you live in, and why do you rent or own a living space in that area?

Let us know in the comments below.

You can follow Katherine on Twitter at @katherinesayre for the latest on New Orleans real estate and business news.